.
Perhaps I should have said “models” instead of “model.” There are several ways to do deals WITHOUT risking your own, or a lender’s, cash. The emphasis here at CFD is on minimizing your risk, which a purchase, an expensive rehab, and an unknown holding period with its costs (especially during a time when the market could drop considerably, and hurt your resale profit) is maximizing your risk. Whether doing a wholesale deal, getting an option to flip, or doing the setup for an HBS event, NONE of those involve pouring serious cash into a potential money pit. If a house is in much better condition, then other models (like master leasing) might be reasonable, etc.
–Dee